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  • Cash Balance Plans
    our interest credit to rates in our guaranteed annuity contract, because people would understand that ... defined benet"rtprogram, you have to offer an annuity; so that's one of the options in the plan. The ...

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    • Authors: Stephen J Gould, William N Kuendig, John F Woyke
    • Date: Jun 1991
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Pensions & Retirement>Funding; Pensions & Retirement>Plan design